Click the "Get Started Now" button above or call Julia Hupp at 614-531-0710. We will answer any remaining questions you have, review your situation and start the paperwork.
Now. We've seen home owners wait until the Sheriff Sale is scheduled to try to do a short sale on a home. That's too late to start. The best time to start is now.
Nothing. Nada. Zilch. Realtors get paid commission out of the proceeds of the sale. On a short sale there are no proceeds. The commission gets paid but it is subtracted from the funds the lien holders (lenders) would get from the sale. You still need to secure and maintain the property. But you don't pay any commissions.
Even if you include your home in a bankruptcy you still own the home after the bankruptcy is discharged. There are still benefits to selling your home as a short sale after a bankruptcy instead of simply allowing the foreclosure to be completed.
There is no guarantee that you will be able to successfully sell your house as a short sale. However, there is no better way to resolve your foreclosure if you are unable to pay the current amount due plus the accumulating legal expenses incurred by the lender to file the foreclosure.
Though we are discussing legal matters, none of this information should be considered legal advice. Please consult a legal professional for answers to your legal questions.